11.29.2010

Nov 30 - Tues.

Milestone Financial Investments L.L.C.
  • Nasdaq-100 After-Hours Indicator Down 1.71 at 2,142.85
  1. STX, -4.9%, 13.89 to 12.90
    • A pre-market open Tuesday may have legs near 13.20 to 13.10. Considering some healthy upside liquidity that flowed into STX off tonight's low, we're inclined to watch for potential long plays in the issue tomorrow. More risk tolerant longs may want to watch for a possible base support to develop at 12.99 to 13.10, a potential entry point that could see some lift back toward 13.20 or above, based on tonight's trade.
  2. IBKR, +3.8%, 17.56 to 18.47
    •  little over extended prolly be a good short to 18 area, then expect flatness or move up.
  3. BWEN, +11%, 1.76 to 2.00
    • Volume thinned out considerably into the late first-half as the issue steadied between 1.85 and 1.90. Evening indications would suggest BWEN records a potential pre-market open Tuesday near 1.82 to 1.92. Buyers looked most confident tonight between 1.83 and 1.87, an area longs may want to watch as a possible near-term floor support that could see attempts to break back toward 1.90 or above.
  4. CMED, -5.2%, 13.78 to 12.71
    •  fill the gap down back to 11.75 area. short.
  5. ALTR, -1%, 35.49 to 34.84
    • A pre-bell open Tuesday may have potential near 35.30 to 35. Despite tonight's swing lower there was some steady buy interest in ALTR off the low of 34.84 up to 35.10, an area where more risk tolerant longs may want to watch for a possible bottom support to form tomorrow and perhaps catch some bounces back into the lower- to mid-35s.